Smart Contracts

Definition

(Noun; Technology) Smart Contracts: When computers do the lawyering for you!

Smart Contracts: A room full of robots negotiating contracts in binary code while lawyers look on helplessly from outside the door...

Usage

Signing a smart contract is like signing away your soul - but with less paperwork!

Insight

What did the blockchain say to the smart contract? "Let's get this party started!"

Origin

The term 'Smart Contract' was invented by an ancient wizard who wanted to make sure his spells were legally binding!

Related

BlockchainEthereumCryptocurrencyAutomationLegal Agreements

Unrelated

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